About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Briefs

UK Accelerated Settlement Task Force Releases Draft Recommendations for Transition to T+1 Settlement

Subscribe to our newsletter

The T+1 Technical Group (TGT) of the UK Accelerated Settlement Task Force (AST) has published its proposed recommendations for the UK’s transition from a T+2 to a T+1 securities settlement cycle. The draft recommendations, focusing on enhancing efficiency and reducing risk in equity market settlements, are open for consultation until 31 October 2024.

The global shift toward a T+1 settlement cycle aims to bring quicker and more efficient settlements through enhanced automation, expected to become standard practice within five years. Following the UK government’s commitment to move to T+1 by 31 December 2027, this interim report outlines key recommendations for market participants and invites feedback. The final report, expected in December, will incorporate stakeholder feedback and outline detailed timelines and guidance for the transition.

“This interim report is a key milestone in the UK’s journey to T+1 settlement and I’d like to extend my gratitude to all those involved in crafting this report and providing the depth of industry expertise needed to shape these draft recommendations,” says Andrew Douglas, Chair of the T+1 Technical Group. “As an independent, inclusive working group, supported by the public authorities, I’m calling on all market participants to engage in this consultation so that together we can ensure the final recommendations for implementation reflect the full spectrum of industry needs.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Entity identification and client lifecycle management – How financial institutions can drive $4 billion in cost savings

A new model in Legal Entity Identifier (LEI) issuance has created significant opportunities for financial institutions to capitalise on their KYC and AML due diligence. By becoming Validation Agents and obtaining LEIs on behalf of their clients, financial institutions can enhance their client onboarding experience, streamline their internal operations, and open the door to new,...

BLOG

UK Equity Consolidated Tape and EU MiFIR – Two Data Regimes, One Control Problem

The UK’s proposed equity consolidated tape is framed as a response to long-standing fragmentation in equity market data. By aggregating post-trade information and an attributed best bid and offer across trading venues, the tape is intended to provide a single, standardised view of UK equity trading. At the same time, transaction reporting under the Markets...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...